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Study: College Completion Gap Between Rich, Poor Widens

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In this Jan. 20, 2015, President Barack Obama delivers his State of the Union address to a joint session of Congress on Capitol Hill in Washington. The White House said Tuesday, Jan. 27, it is dropping a proposal to scale back the tax benefits of college savings plans amid a backlash from both Republicans and Democrats. Obama made the proposal as part of his State of the Union address. It was part of Obama's plan to consolidate and simplify a sometimes confusing array of tax breaks for college students. (AP Photo/Mandel Ngan, Pool)

In this Jan. 20, 2015, President Barack Obama delivers his State of the Union address to a joint session of Congress on Capitol Hill in Washington. The White House said Tuesday, Jan. 27, it is dropping a proposal to scale back the tax benefits of college savings plans amid a backlash from both Republicans and Democrats. (AP Photo/Mandel Ngan, Pool)

CHRISTINE ARMARIO, Associated Press

LOS ANGELES (AP) — The gap in bachelor-degree attainment between the nation’s richest and poorest students by age 24 has doubled during the last four decades, according to a report released Tuesday.

The percentage of students from the lowest-income families — those making $34,160 a year or less — earning a bachelor’s degree has inched up just 3 points since 1970, rising from 6 to 9 percent by 2013.

Meanwhile, college completion for students from the wealthiest families has risen dramatically, climbing from 44 to 77 percent.

“It’s really quite amazing how big the differences have become between those from the highest and lowest family incomes,” said Laura Perna, a University of Pennsylvania professor and executive director of the Alliance for Higher Education and Democracy, one of the two organizations that published the study examining college costs and degree attainment.

The study comes amid renewed debate on college affordability spurred by President Barack Obama’s proposal to make two years of college free. If adopted in every state, the proposal would benefit a projected 9 million students each year. It would cost taxpayers an estimated $60 billion over 10 years — a price the Republican-controlled Congress is likely to be hesitant to embrace.

Among the report’s other findings: The percentage of students from all income levels enrolling in college has increased, shrinking the gap in enrollment between rich and poor “somewhat” during the last four decades. There was a 46-point gap between the two groups in 1970, compared with a 36-point gap in 2012.

But completion gaps are growing: While 99 percent of students entering college from the highest-income families — those making $108,650 or more a year — graduate by 24, just 21 percent of students from the lowest-income families finish by that age.

Perna said there are a number of factors contributing to the widening divide, including access to the information and support needed to enter college and graduate; college readiness; and the availability of higher education that meets people’s needs, particularly for students who might have children, limited access to transportation and full-time jobs.

She also noted that the likelihood of finishing a degree varies dramatically by the type of institution. Students from the poorest families are overrepresented in public two-year institutions, which tend to have lower completion rates, while those from wealthier families are abundant in doctoral-granting institutions.

The Obama administration has expanded the availability of Pell grants and supported a tax credit for tuition costs, but the study says the amount of the maximum Pell grant award has not kept up with the rising cost of college. College costs were more than two times higher in 2012 than in 1975 at the start of the Pell grant program, which provides aid to low-income students based on need.

Pell grants covered 67 percent of college costs in 1975 but only 27 percent in 2012.

“We sometimes think that low-income students are taken care of because of the federal program. But you can see it covers so much less than when it was first established,” said Margaret Cahalan, director of the Pell Institute for the Study of Opportunity in Higher Education, the second institution involved in the report.

The study shows the burden of paying for college has increasingly shifted from state and local governments to students and families. That, Perna said, should prompt an important question: Who should pay for college given the individual and societal benefits?

“Students only have so many resources they can use to pay the costs,” Perna said.

Michael Kramer, 29, is the first in his family to attend college. The son of a country club maintenance supervisor and a factory worker, he went straight to jobs in retail and plumbing after graduating high school, unable to afford college. He eventually enrolled in a community college while working full time and is now taking out loans to help finish his bachelor’s degree at the University of California, Los Angeles.

“We’re a country that says everybody should be getting higher education, and nowadays, to get any decent job, you need a bachelor’s degree,” Kramer said.

But for low-income students like him, Kramer said the high cost of college often means making a difficult choice between fulfilling basic food and housing needs and obtaining a postsecondary education.

“It’s a continuous cycle that they get stuck in,” he said.

___

Follow Christine Armario on Twitter: http://www.twitter.com/cearmario

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Oakland Post: Week of April 23 – 29, 2025

The printed Weekly Edition of the Oakland Post: Week of April 23 – 29, 2025

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Chavis and Bryant Lead Charge as Target Boycott Grows

BLACKPRESSUSA NEWSWIRE — Surrounded by civil rights leaders, economists, educators, and activists, Bryant declared the Black community’s power to hold corporations accountable for broken promises.

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By Stacy M. Brown
BlackPressUSA.com Senior National Correspondent

Calling for continued economic action and community solidarity, Dr. Jamal H. Bryant launched the second phase of the national boycott against retail giant Target this week at New Birth Missionary Baptist Church in Atlanta. Surrounded by civil rights leaders, economists, educators, and activists, Bryant declared the Black community’s power to hold corporations accountable for broken promises. “They said they were going to invest in Black communities. They said it — not us,” Bryant told the packed sanctuary. “Now they want to break those promises quietly. That ends tonight.” The town hall marked the conclusion of Bryant’s 40-day “Target fast,” initiated on March 3 after Target pulled back its Diversity, Equity, and Inclusion (DEI) commitments. Among those was a public pledge to spend $2 billion with Black-owned businesses by 2025—a pledge Bryant said was made voluntarily in the wake of George Floyd’s murder in 2020.“No company would dare do to the Jewish or Asian communities what they’ve done to us,” Bryant said. “They think they can get away with it. But not this time.”

The evening featured voices from national movements, including civil rights icon and National Newspaper Publishers Association (NNPA) President & CEO Dr. Benjamin F. Chavis Jr., who reinforced the need for sustained consciousness and collective media engagement. The NNPA is the trade association of the 250 African American newspapers and media companies known as The Black Press of America. “On the front page of all of our papers this week will be the announcement that the boycott continues all over the United States,” said Chavis. “I would hope that everyone would subscribe to a Black newspaper, a Black-owned newspaper, subscribe to an economic development program — because the consciousness that we need has to be constantly fed.” Chavis warned against the bombardment of negativity and urged the community to stay engaged beyond single events. “You can come to an event and get that consciousness and then lose it tomorrow,” he said. “We’re bombarded with all of the disgust and hopelessness. But I believe that starting tonight, going forward, we should be more conscious about how we help one another.”

He added, “We can attain and gain a lot more ground even during this period if we turn to each other rather than turning on each other.” Other speakers included Tamika Mallory, Dr. David Johns, Dr. Rashad Richey, educator Dr. Karri Bryant, and U.S. Black Chambers President Ron Busby. Each speaker echoed Bryant’s demand that economic protests be paired with reinvestment in Black businesses and communities. “We are the moral consciousness of this country,” Bryant said. “When we move, the whole nation moves.” Sixteen-year-old William Moore Jr., the youngest attendee, captured the crowd with a challenge to reach younger generations through social media and direct engagement. “If we want to grow this movement, we have to push this narrative in a way that connects,” he said.

Dr. Johns stressed reclaiming cultural identity and resisting systems designed to keep communities uninformed and divided. “We don’t need validation from corporations. We need to teach our children who they are and support each other with love,” he said. Busby directed attendees to platforms like ByBlack.us, a digital directory of over 150,000 Black-owned businesses, encouraging them to shift their dollars from corporations like Target to Black enterprises. Bryant closed by urging the audience to register at targetfast.org, which will soon be renamed to reflect the expanding boycott movement. “They played on our sympathies in 2020. But now we know better,” Bryant said. “And now, we move.”

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The Department of Education is Collecting Delinquent Student Loan Debt

BLACKPRESSUSA NEWSWIRE — the Department of Education will withhold money from tax refunds and Social Security benefits, garnish federal employee wages, and withhold federal pensions from people who have defaulted on their student loan debt.

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By April Ryan

Trump Targets Wages for Forgiven Student Debt

The Department of Education, which the Trump administration is working to abolish, will now serve as the collection agency for delinquent student loan debt for 5.3 million people who the administration says are delinquent and owe at least a year’s worth of student loan payments. “It is a liability to taxpayers,” says White House Press Secretary Karoline Leavitt at Tuesday’s White House Press briefing. She also emphasized the student loan federal government portfolio is “worth nearly $1.6 trillion.” The Trump administration says borrowers must repay their loans, and those in “default will face involuntary collections.” Next month, the Department of Education will withhold money from tax refunds and Social Security benefits, garnish federal employee wages, and withhold federal pensions from people who have defaulted on their student loan debt. Leavitt says “we can not “kick the can down the road” any longer.”

Much of this delinquent debt is said to have resulted from the grace period the Biden administration gave for student loan repayment. The grace period initially was set for 12 months but extended into three years, ending September 30, 2024. The Trump administration will begin collecting the delinquent payments starting May 5. Dr. Walter M. Kimbrough, president of Talladega College, told Black Press USA, “We can have that conversation about people paying their loans as long as we talk about the broader income inequality. Put everything on the table, put it on the table, and we can have a conversation.” Kimbrough asserts, “The big picture is that Black people have a fraction of wealth of white so you’re… already starting with a gap and then when you look at higher education, for example, no one talks about Black G.I.’s that didn’t get the G.I. Bill. A lot of people go to school and build wealth for their family…Black people have a fraction of wealth, so you already start with a wide gap.”

According to the Education Data Initiative, https://educationdata.org/average-time-to-repay-student-loans It takes the average borrower 20 years to pay their student loan debt. It also highlights how some professional graduates take over 45 years to repay student loans. A high-profile example of the timeline of student loan repayment is the former president and former First Lady Barack and Michelle Obama, who paid off their student loans by 2005 while in their 40s. On a related note, then-president Joe Biden spent much time haggling with progressives and Democratic leaders like Senators Elizabeth Warren and Chuck Schumer on Capitol Hill about whether and how student loan forgiveness would even happen.

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